The Competition Appellate Tribunal (CAT) on directed 11 cement companies to pay ten per cent of the penalty of Rs 6,307 crore imposed by the Competition...
Lanco Industries said it has withdrawn the proposal to set up a 3-lakh-tonne per annum mini-cement plant envisaging a capital outlay of Rs 125 crore.
JK Cement, dropped after its fourth quarter profits reduced 30.06 per cent from a year ago. It earned a profit of Rs 561.95 million for the...
The Board of Directors of Ultra Tech have appointed Rajiv Dube as an Additional Director of the company.
JSW Ispat Steel plans to buy Heidelberg Cement’s grinding unit in Maharashtra for an unnamed sum. According to recent reports, the Board of Directors approved a...
Lafarge SA signed an agreement to raise €200 million through capital increase subscribed by Baring Private Equity Asia, and representing a 14 per cent minority stake...
The Himachal Pradesh government issued show cause notice to four cement makers for delaying commissioning of five plants but gave permission to Reliance to set up...
The Russian economic model adopted by the India post its independence and outdated laws of the British colonial era are decelerating growth of the country’s economy,...
After seeing some revival during January and February, cement prices came under pressure in March and April. With the monsoons coming and demand remaining sluggish, industry...
Birla Corp reported its first profit increase in three years and announced its plans to spend Rs 2,200 crore to add capacity, forecasting demand will revive....
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